Wednesday, February 1, 2012

Eleven reasons why private military contracting is a quiet issue

1. Contracts are confidential and there’s a business culture of romantic secrecy
2. It’s (boring) business news few business writers wish to tackle
3. The profitability (which is very lucrative) is awkward
4. The US military wishes to purvey their own public relations narratives
5. The business has complex relationships: an array of companies with a spectrum of services
6. Competition is keen
7. Many companies are privately owned
8. Many of the companies are based and owned in foreign countries
9. Resentment: soldiers pay vs. the contractor’s rate
10. No central oversight: presently there are periodic studies and “reviews”
11. It’s a developing industry with developing cultures and processes, merely 3 generations old

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